4//SEC Filing
EDENZON IRWIN F 4
Accession 0001181431-12-017800
CIK 0001501585other
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 7:35 PM ET
Size
11.3 KB
Accession
0001181431-12-017800
Insider Transaction Report
Form 4
EDENZON IRWIN F
VP & Gen. Mgr Gulf Coast Ops
Transactions
- Award
Common Stock
2012-03-13+41,539→ 67,977 total - Tax Payment
Common Stock
2012-03-13$35.92/sh−14,434$518,469→ 55,543 total
Holdings
- 82.842
SEP Unit
→ Common Stock (82.842 underlying) - 237.486
Units in 401(k) plan
→ Common Stock (237.486 underlying)
Footnotes (4)
- [F1]The Huntington Ingalls Industries, Inc. Compensation Committee met and determined that all performace goals had been met for these restricted stock units, therefore the shares were issued on March 13, 2012.
- [F2]Total amount includes 24,096 restricted stock rights granted under the Huntington Ingalls Industries, Inc. 2011 Long-Term Incentive Stock Plan ("HII LTISP") on 3/31/2011, with 100% vesting on 3/31/2014. Grant awarded pursuant to Rule 16b-3(d).
- [F3]The issuer's outside administrator for the employees Savings Excess Plan holds issuer stock in a pooled fund as a participant investment option. Participant contributions designated to be invested in issuer common stock are accounted for as units of interest in the issuer fund. Each unit was valued at $37.50 as of 03/13/2012. The unit value will fluctuate with fluctuations in the value of the issuer common stock and the daily cash position. The number of shares of issuer stock attributable to the reporting person can be determined at any time by first multiplying the number of units in the reporting person's account by the then current unit price and dividing the total by the price of the issuer common stock. As of 03/13/2012, the reporting person held an equivalent of 82.8416 shares in the issuer Savings Excess Plan . The Savings Excess Plan is a"Non-Qualified Plan" as defined in Rule 16b-3(b)(4).
- [F4]The issuer's outside administrator for the employees 401(k) plan holds issuer stock in a pooled fund as a participant investment option. Participant contributions designated to be invested in issuer common stock are accounted for as units of interest in the issuer fund. Each unit was valued at $37.50 as of 03/13/2012. The unit value will fluctuate with fluctuations in the value of the issuer common stock and the daily cash position. The number of shares of issuer stock attributable to the reporting person can be determined at any time by first multiplying the number of units in the reporting person's account by the then current unit price and dividing the total by the price of the issuer common stock. As of 03/13/2012, the reporting person held an equivalent of 237.4856 shares in the issuer 401(k) Plan. The 401(k) plan is a"Qualified Plan" as defined in Rule 16b-3(b)(4).
Documents
Issuer
HUNTINGTON INGALLS INDUSTRIES, INC.
CIK 0001501585
Entity typeother
Related Parties
1- filerCIK 0001515128
Filing Metadata
- Form type
- 4
- Filed
- Mar 14, 8:00 PM ET
- Accepted
- Mar 15, 7:35 PM ET
- Size
- 11.3 KB